Plan Snapshot
- Plan Sponsor: Pinnacle Bank
- Sponsor EIN: 621829917
- Sponsor Address: 150 3RD AVENUE SOUTH SUITE 900, NASHVILLE, TN, 37201
- Plan Type: 401(k)
- Total Participants: 3,612
- Total Assets: $564.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,612 | $564.6M | $16.2M | $32.4M |
| 2023 | 3,403 | $462.8M | $15.3M | $30.5M |
| 2022 | 3,294 | $359.6M | $13.6M | $26.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SVCS. | RECORDKEEPER | $51,454 | — | $51,454 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,454
- Estimated Expense Ratio: 0.009% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $51,454 | — | — | — | — |
| 2023 | $43,802 | — | — | — | — |
| 2022 | $32,919 | — | $32,919 | — | — |